Tether company
Overview
Tether is a company that issues the USDT stablecoin, which is pegged to the US dollar. It is primarily used as a medium of exchange and store of value within cryptocurrency markets. Tether Holdings Limited has faced regulatory scrutiny and legal challenges regarding the composition of its reserve assets, including a 2021 CFTC settlement. Led by CEO Paolo Ardoino, Tether relocated its group headquarters to El Salvador in January 2025 after obtaining a Digital Asset Service Provider license.
Within the DeFi Intel graph, Tether connects to 109 tracked entities, most strongly to Tether USD, Paolo Ardoino, Bitcoin (BTC).
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 5 of 109 total).
| Relation | Connected entity | Confidence |
|---|---|---|
employs | Paolo Ardoino | 97% |
holds | Bitcoin (BTC) | 95% |
issues | Tether USD | 95% |
regulated_by | CFTC | 95% |
deployed_on | Ethereum | 95% |
Frequently asked questions
What is Tether?
Tether is a company that issues the USDT stablecoin, which is pegged to the US dollar and primarily used as a medium of exchange and store of value within cryptocurrency markets.
What regulatory issues has Tether faced?
Tether Holdings Limited has faced regulatory scrutiny and legal challenges regarding the composition of its reserve assets.
What actions has Tether taken with US law enforcement?
Tether froze $344M USDT in coordination with U.S. law enforcement, helping U.S. feds by freezing $344m in USDT tied to crime.
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